OSI Systems Inc. (OSIS) revealed earnings for its fourth quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $52.74 million, or $3.03 per share. This compares with $44.67 million, or $2.55 per share, last year.
Excluding items, OSI Systems Inc. reported adjusted earnings of $3.24 per share for the period.
Analysts on average had expected the company to earn $3.19 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.0% to $504.98 million from $480.90 million last year.
OSI Systems Inc. earnings at a glance (GAAP) :
-Earnings: $52.74 Mln. vs. $44.67 Mln. last year.-EPS: $3.03 vs. $2.55 last year.-Revenue: $504.98 Mln vs. $480.90 Mln last year.
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